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Payroll & Employee Finance

Payroll and employee finance, without the complexity.

Bring payroll, employee expenses, loans and finance-related requests into one connected HRMS experience. Give HR and finance teams better control, fewer manual handoffs and clearer visibility from employee data to final payout.

Payroll DashboardPayroll RunsExpenses
FY 2026

Employees on payroll

438

across 6 locations

Total annual CTC

₹61.42 Cr

FY 2025–26

Monthly CTC

₹5.11 Cr

September run

Employees by CTC · LPA

214≤ 5685–8528–123912–152815–202220–3215≥ 32

Department-wise cost

6depts
  • Engineering38%
  • Operations22%
  • Sales16%
  • Finance11%
  • People & HR8%
Payroll

Ready

431 of 438 inputs locked

Expenses

126

claims this cycle

Loans

₹42.6 L

outstanding balance

Approvals

9

waiting on reviewers

Payroll management

Run payroll with the HR data already connected.

Bring employee information and relevant workforce inputs closer to payroll processing so teams can manage salary calculations, earnings, deductions and payouts with greater consistency and control.

  • Salary structures and grades
  • Earnings and deductions
  • Attendance and leave inputs
  • Payroll processing cycles
  • Payslips and registers
  • Payout and bank files

Payroll management software earns its keep in the handoffs it removes — when leave, overtime, reimbursements and loan recoveries arrive in the run on their own, payroll automation stops being a spreadsheet exercise.

Payroll · September 2025Monthly cycle · 438 employeesRun payroll
  1. 1Employee Data438 active records · grade, bank, taxReady to Process
  2. 2Attendance & LeaveLOP, overtime and leave encashmentReady to Process
  3. 3Payroll ProcessingEarnings, deductions, contributionsReady to Process
  4. 4ReviewExceptions and variance vs last monthReady to Process
  5. 5PayoutBank file, payslips, registersReady to Process

Inputs pulled into this run

Loss of payfrom Leave management18 daysOvertimefrom Attendance412 hrsExpense reimbursementsfrom Expense management₹4.18 LLoan EMI recoveryfrom Employee loans₹3.82 L
Payroll review & control

Know what changed before payroll goes out.

Give payroll teams clearer visibility into inputs, exceptions and final calculations before processing is completed.

Employees processed

431+3

Last cycle 428

Earnings

₹5.11 Cr+1.4%

Last cycle ₹5.04 Cr

Deductions

₹98.4 L+1.3%

Last cycle ₹97.1 L

Exceptions

7−5

Last cycle 12

Net payroll

₹4.13 Cr+1.5%

Last cycle ₹4.07 Cr

Pending actions

3−3

Last cycle 6

Exceptions to clear before payout

  • Missing bank detailMeera Iyer · Account pending verificationBlocking
  • Variance +42%Sunil Yadav · Overtime above usual rangeCheck
  • LOP appliedDeepa Rao · 3 unapproved absencesCheck

Payroll software should make the difference visible, not just the total — three exceptions held back here are three corrections that never reach an employee’s payslip.

Expense claim · EXP-4471Client visit · Mumbai · Sep 2025Submit claim
  1. Record Expense
  2. Submit
  3. Review
  4. Approve
  5. Reimburse
Aarav SharmaSenior Product DesignerClaim total₹31,470

Expense lines

  • TravelAir ticket · PDF₹18,400Approved
  • AccommodationHotel invoice₹9,250Approved
  • Meals3 receipts₹2,180With manager
  • Local ConveyanceCab receipts₹1,640Reimbursed
Expense management

Make employee expenses easier from claim to reimbursement.

Bring expense submissions, approvals and reimbursements into a structured workflow so employees, managers and finance teams have better visibility from submission to settlement.

  • Expense categories and limits
  • Receipt and proof capture
  • Policy checks on submission
  • Manager and finance approval
  • Reimbursement through payroll
  • Claim history and settlement

Employee expense management works best when the policy check happens at submission — the meal line above is flagged before it reaches an approver, not after reimbursement software has already paid it.

Employee loans

Manage employee loans from request to repayment.

Bring loan requests, approvals, repayment schedules and payroll-linked recoveries into one structured process, giving employees clearer visibility and HR better control over outstanding balances and deductions.

  • Loan requests and eligibility
  • Approval and disbursement
  • Repayment schedules
  • Payroll-linked EMI recovery
  • Outstanding balance tracking
  • Foreclosure and closure
  • Active loans34across 6 locations
  • Outstanding balance₹42.6 Las on 30 Sep
  • Recovered this cycle₹3.82 Lvia payroll EMI
  • Awaiting approval5requests in review
Employee loan · LN-0318Home renovation advanceEMI Recovery
  1. Apply
  2. Review
  3. Approve
  4. Disburse
  5. EMI Recovery
  6. Closed
Rahul MehtaEngineering ManagerOn schedule
Approved₹3,00,000EMI₹12,500Tenure24 months
Repayment0 of 24 EMIsOutstanding balance₹3,00,000

Next deduction₹12,500 · Oct payroll

Requisition management

Keep finance-related requests structured and visible.

Give employees and teams a clear way to raise requisitions while helping approvers understand what is requested, why it is needed and where it stands.

Requisitions · Open14 requests this month · ₹6.4 L requestedRaise request
  • Design workstation upgradeREQ-2184 · Aarav Sharma · approver Ananya Kapoor₹1,45,000Approved
    1. Request Raised
    2. Manager Review
    3. Finance/Approver
    4. Approved
  • Field kit replacement · WestREQ-2179 · Sunil Yadav · approver Nikhil Verma₹38,600With finance
    1. Request Raised
    2. Manager Review
    3. Finance/Approver
    4. Approved
  • Payroll audit software renewalREQ-2176 · Meera Iyer · approver Nikhil Verma₹2,10,000Manager review
    1. Request Raised
    2. Manager Review
    3. Finance/Approver
    4. Approved
  • What is being asked forRequester, amount or value and the purpose behind the request, captured once at the point it is raised.
  • Who needs to act nextThe named approver at each stage, so a request never sits in an unowned queue.
  • Where it currently standsA single status the requester and the approver both read the same way.

Requisition management stops being chased over email when the request, its value and its approver live on the same record as the payment that eventually follows.

Connected HR + employee finance

Less manual handoff between HR and finance.

Payroll and employee finance work better when the information they depend on is already connected. Bring employee records, workforce inputs, expenses, loans and finance requests together instead of moving information between disconnected systems.

Employee RecordsGrade, bank, tax profile
Attendance & LeaveLOP, overtime, encashment
ExpensesApproved reimbursements
LoansEMI recovery schedule
RequestsApproved requisitions
Payroll & Employee FinanceOne set of inputs, one calculation, one payout — instead of five systems reconciled by hand each month.438 employees · 1 cycle

Employee

  • PayslipEarnings and deductions explained
  • ReimbursementSettled with the salary credit
  • Loan balanceEMI recovered, balance updated
  • Request statusApproved, with the decision visible

This is what separates connected HRMS software from a payroll tool bolted onto a spreadsheet — the same employee record that drives attendance also drives the deduction, the reimbursement and the loan recovery.

Payroll & finance insights

Turn employee finance data into clearer business visibility.

Give HR, finance and leadership a clearer view of payroll costs, expenses, loan recoveries and pending approvals to support better-informed decisions.

Total payroll

₹4.13 Cr

net, September run

Employees processed

431

of 438 on payroll

Expense claims

126

₹18.4 L this cycle

Outstanding loan balance

₹42.6 L

34 active loans

Upcoming recoveries

₹3.82 L

next payroll cycle

Pending approvals

9

expenses, loans, requisitions

Net payroll · last 6 cycles

₹ crore

3.84Apr3.91May3.96Jun4.02Jul4.07Aug4.13Sep

Six numbers a CFO can act on beat sixty charts nobody opens — cost, coverage, claims, exposure, what is coming back next cycle and what is still waiting on a decision.

Control & security

Built for sensitive payroll and finance operations.

Support controlled access to payroll and employee finance information through role-based permissions, structured approvals and clear activity visibility.

  1. 1EmployeeCan seeOwn payslips, claims and loansCan doRaise and track requests
  2. 2ManagerCan seeTheir team's submissionsCan doReview and recommend
  3. 3HR / PayrollCan seePayroll inputs and registersCan doProcess and correct
  4. 4FinanceCan seeCost, payout and recoveriesCan doRelease final payment
  • Role-Based AccessSalary data visible only to the roles that need it
  • Approval ControlsEvery payout follows a defined chain
  • Audit TrailWho changed what, and when, on every record
Payroll & employee finance

Make payroll and employee finance easier to manage.

See how CollectivWork can connect payroll, expenses, employee loans and finance workflows with the HR information your teams already rely on.